Short Interest in Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Expands By 89.8%

Key Points

• Short interest in Nippon Yusen Kabushiki Kaisha increased by 89.8% in August, rising from 5,900 to 11,200 shares.
• The company's stock has recently fallen by 1.6% to $7.47, with a market capitalization of $16.21 billion.
• The Goldman Sachs Group has upgraded Nippon Yusen Kabushiki Kaisha to a "hold" rating, indicating cautious optimism from analysts.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 11,200 shares, a growth of 89.8% from the August 15th total of 5,900 shares. Approximately 0.0% of the company's stock are short sold. Based on an average trading volume of 21,900 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 21,900 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company's stock are short sold.

Nippon Yusen Kabushiki Kaisha Stock Down 1.6%

Shares of NPNYY traded down $0.12 during trading on Friday, reaching $7.47. The company's stock had a trading volume of 10,450 shares, compared to its average volume of 25,259. The company has a quick ratio of 1.44, a current ratio of 1.55 and a debt-to-equity ratio of 0.27. The company has a market cap of $16.21 billion, a price-to-earnings ratio of 5.93 and a beta of 1.08. Nippon Yusen Kabushiki Kaisha has a twelve month low of $5.68 and a twelve month high of $7.62. The company has a fifty day moving average of $7.21 and a two-hundred day moving average of $7.01.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.14 earnings per share (EPS) for the quarter. The business had revenue of $4.16 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 13.49% and a net margin of 16.48%.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Nippon Yusen Kabushiki Kaisha to a "hold" rating in a research report on Tuesday, June 24th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold".

About Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha provides various logistics services worldwide. It operates through Liner & Logistics Business, Bulk Shipping Business, and Other Business segments. The company offers liner trading services, such as container shipping, and terminal and stevedoring services for containerships, car carriers, and cruise ships; and air cargo transportation services.

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